Tesla, Inc. $TSLA is Primecap Management Co. CA’s 10th Largest Position

Primecap Management Co. CA reduced its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 4.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,622,130 shares of the electric vehicle producer’s stock after selling 295,035 shares during the quarter. Tesla accounts for approximately 2.3% of Primecap Management Co. CA’s investment portfolio, making the stock its 10th biggest holding. Primecap Management Co. CA’s holdings in Tesla were worth $2,944,994,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter valued at about $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the third quarter worth about $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter valued at approximately $30,000. ESL Trust Services LLC increased its holdings in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares during the period. Finally, Delos Wealth Advisors LLC purchased a new position in Tesla during the 2nd quarter worth approximately $32,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Stock Up 1.9%

Shares of TSLA opened at $417.26 on Thursday. The firm has a market cap of $1.57 trillion, a P/E ratio of 386.35, a PEG ratio of 14.47 and a beta of 1.86. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The stock’s 50 day moving average is $436.53 and its two-hundred day moving average is $420.06. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter last year, the firm posted $0.73 EPS. The business’s revenue was down 3.1% on a year-over-year basis. Analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 over the last 90 days. 19.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on TSLA. BNP Paribas Exane upped their price objective on shares of Tesla from $307.00 to $313.00 in a report on Monday, December 1st. William Blair restated a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Stifel Nicolaus set a $508.00 price target on Tesla in a research report on Thursday, January 29th. Bank of America lifted their price objective on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Finally, Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday, February 18th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $408.09.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Grok AI expands internationally — Tesla has begun rolling out its Grok AI assistant to drivers in Australia and New Zealand, which supports the company’s strategy to grow software, in‑car services and recurring revenue streams. Tesla (TSLA) Rolls Out Its Grok AI Assistant to Australia and New Zealand Drivers
• Positive Sentiment: Market is still rewarding the AI/robotics narrative — coverage notes skepticism about Optimus but the stock has risen as investors price Tesla more like an AI/robotics platform than a legacy automaker, supporting upside if execution tests out. The Tesla Robot Opportunity Is a ‘Delusion.’ The Stock Rises Anyway.
• Neutral Sentiment: Valuation vs. narrative — analysts highlight Tesla’s P/E near multi‑year highs as the market prices long‑term robotics/AI growth; that makes the stock highly sensitive to any execution misses. Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
• Negative Sentiment: Autopilot legal hit could be costly — a judge upheld a ~$243M jury verdict tied to an Autopilot‑related crash, a decision that signals larger liability and reputational headwinds for Tesla’s safety claims and FSD business economics. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
• Negative Sentiment: Regulatory fight continues — Tesla has sued the California DMV to overturn a false‑advertising finding about FSD/Autopilot; ongoing regulatory scrutiny raises the risk of restrictions or required changes to marketing and product rollouts. Tesla vs California DMV not over yet — sues to reverse FSD false advertising ruling
• Negative Sentiment: Europe sales slipping — January EU registrations fell sharply (≈17% YoY) while rivals like BYD are gaining share, pressuring revenue and margins in a key market. Tesla’s Europe problem keeps getting worse. Here’s why
• Negative Sentiment: Execution & cost risk from pivot to robots — Tesla is repurposing Fremont production for Optimus and signaling >$20B capex for Robotaxi/AI infrastructure while winding down some premium vehicle lines; this increases near‑term cash burn and execution risk if robot revenues take time to materialize. Tesla Refocuses On AI And Robotics As Legal Risks Mount
• Negative Sentiment: Labor/hiring legal exposure — a U.S. judge allowed a discrimination lawsuit alleging preference for non‑U.S. workers to proceed, adding another potential legal and reputational headwind. Tesla must face lawsuit alleging anti‑American bias in hiring, US judge rules

Tesla Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.